A sixth defendant was charged in federal court Thursday with bribery involving Singapore-based defense contractor Glenn Defense Marine Asia (GDMA).
The chairman of state-owned China Resources Holdings Co. Ltd., Song Lin, is under investigation for "suspected serious violations of discipline and law."
GlaxoSmithKline said it is investigating allegations of bribery in Jordan and Lebanon first reported by the media.
Kong Fanmao, former head of Planning Division under the Anhui Provincial Department of Land and Resources, was sentenced to 14 years in prison for dereliction of duty and taking $353,916 in bribes. Kong took bribes from ten mining companies, including Chizhou Dongyang Mining Ltd, to reduce government charges and extend mining permits for them. http://news.xinhuanet.com
An appellate court Monday struck down part of the conflict-minerals rule, leaving SEC-reporting companies wondering what disclosures to include in their conflict minerals reports due on May 31.
UK drug maker GlaxoSmithKline (GSK) has sacked over 150 staff in China amid a probe into allegations that the firm bribed doctors and government officials to boost drug sales, according to the 21st Century Business Herald (21CBH).
A big reason Ukrainians risked their lives at the barricades in Kiev to throw out then-President Viktor Yanukovych was because they were sick of grand corruption victimizing ordinary citizens.
Job Title: Senior Manager, Compliance & Ethics
Location: Bellevue, Washington (USA)
The federal appeals court for the D.C. circuit issued its opinion Monday in National Association of Manufacturers (NAM), et al., v. Securities and Exchange Commission that partially struck down the SEC's conflict minerals disclosure rule.